FIAT rewards for bounty hunters. - page 10.

UniversityCoin

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Yes, it's much more profitable for developers to give their tokens, which they pre-planned for delivery, than to share cash.

joerogers8

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Negative trust for an opinion! Check it out.

THis is a very good idea but I think the projects don't want to risk their own Ethereum and would rather give out their own fresh minted coins (with no value at the time). Sometimes I think the projects like to cry when people cash in their work which seems like bad business. If the project knows its going to dump they should BUY BACK and put their money where their mouth is.

olsyd

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

why they reward bounty hunters with their token, not FIAT

The main feature of bounty companies in that bounty members get their payment in tokens, otherwise, it's not a bounty but just advertising

MV7

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It's basically impossible for projects to pay in fiat. There's so much regulation and compliance issues that it would take forever. Paying in crypto is still an infinite times easier than paying fiat.

dewidte

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Truly, in light of the fact that ICO is a pledge drive for venture usage. Numerous tasks don't have the cash to pay you. Since the venture isn't working yet. It requires investment for the undertaking to begin making a benefit.

Gurueconom

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ICO projects pay remuneration to bounty members in project tokens, because they believe that you support their project and the idea they realize. I also agree with the creators of ICO projects and also would pay remuneration in tokens.

7EXter

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Typically, the projects allocated to bounty a small percentage of the tokens. Therefore bounty hunters should not influence the price of the token. Not all bounty hunters immediately exchange their reward for FIAT.

Caladonian

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Quote from: gabbie2010 on July 28, 2018, 10:38:30 PM

Honestly the success or failure of a post ICO is not determined on whether bounty hunters dumped their coins it is actually determined by how good the project is, although massive dumping might lead to a drop in the price initially however a prosperous coin will surely pump later, so payment of hunters in fiat not really help in promoting the token.

Bounty is just another portions of advertising the project, it's needed to bring new investors and attract them to invest with the project and just like what you said everything is depend on how the developers develop the projects and if the said coins really have a good usage, though it can reflect to the value of the tokens when bounty dumped it but its just a small portion of it both fiat and tokens will not affect a good project if there's a real use after it has been fully developed.

Troysen

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Well, not sure how this would go or if the hunters would accept the fiat rewards in the first place, i see no reason for rewards to be in fiat only for one to change Fiat into crypto once gain to get to buy the same crypto. here might be people however who might prefer this kind of arrangement, though i personally don't fancy it

putrii

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I think it could happen but I am sure the payment for prizes bounty campaign participants usually given with the number of fiat but in the form of tokens that are given from the founder of the ico.

Thanasis

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

Actually most of the projects don't have enough funds to rewards the hunters with money or bitcoin that is why they are doing it with tokens.Only some projects take the risks of paying the signature participants weekly in bitcoin and the chance of success of the projects are more than the bounties.

Sithara007

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Quote from: warning_btc on July 29, 2018, 12:51:03 AM

Paying in fiat it more unreal then paying in most popular eth or btc.
Some campaigns do btc payments but i think they win form it. Usually payments finally lower then on other campaigns

When the markets are down, people prefer payments which are less risky, such as BTC or ETH. Once the market recovers, more people may prefer rewards in the form of tokens.

warning_btc

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Paying in fiat it more unreal then paying in most popular eth or btc.
Some campaigns do btc payments but i think they win form it. Usually payments finally lower then on other campaigns

marchebuk

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

team is not profitable to pay bounties hunters just fiat, because they sell ICO their tokens, it's easier for them to give.
Of course there are campaigns where pay out in bitcoin or ether at once, but, as a rule, there goes a small reward.

cloudproject

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well fiat rewards are not good at all, with the reward given with crypto currency this is currently help the coin to get a circulation in it, and that was benifit for the coin to being active after all, but well there is some mistake when people are dumping their token and make the price fall

@baoli

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Activity: 1162

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Base.protocol

Well for self satisfaction for hunters its good, but for a project that is solid it won't have any effect because it will help to raise the volume of the coin on exchange and can also help the coin have good advertisement

swiftbits

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Bounty hunters need a great support to the project, that's why they pay using their tokens and the token market status will be active with them, paying them using fiat is not that easy since they funding 100 thousand of dollars for bounty its like giving away money that the investors invested on their project
The amount of reward is based on the project success its the bounty hunters decision if they sell it or not, there's is also instances that the coin price increase after a long run.

Vladique

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In fact, it would be very cool to receive payment in Fiat, but alas it's impossible

iged_war

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Quote from: gabbie2010 on July 28, 2018, 10:38:30 PM

Honestly the success or failure of a post ICO is not determined on whether bounty hunters dumped their coins it is actually determined by how good the project is, although massive dumping might lead to a drop in the price initially however a prosperous coin will surely pump later, so payment of hunters in fiat not really help in promoting the token.

allocation for bounty hunter actually is not too big if compare with total token supply.but investor contribute to in this dumping especially whom joined in private sale that give huge discount.paying reward in eth or fiat could minimize massive dumping.

Siren

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Quote from: husanlarisa on June 27, 2018, 12:23:40 PM

Hello all members!
I am a bounty hunter, as well as many of you

And I heard that bounty hunters dump the coin price at the ico end.
So I was wondering, if the team doesn't want its coins to be sold on exchange date and thus be dumped, why they reward bounty hunters with their token, not FIAT.
Because they anyway accept fiat for selling the tokens, so the coin won't be dumped by bounty hunters, and bounty hunters are satisfied too.
Because those who need money, they have it, those who want tokens, can buy it at exchange etc.

This will only happen in your dreams mate,we know how scammy most of the project ico now so how would you expect them to pay us fiats when all they wanna do is have victimized investors and after gone with the wind.for the participants they will pay tokens that will available on their exchange that even if took a year will never had a value .so expct nothing from them better choose the good project and hold the tokens until the dev pumped this

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